SHIB Spikes 30% On Sunday, Dogecoin Climbs
Shiba Inu jumped more than 30 percent by midday, according to CoinMarketCap, rising from $0.00001516 in the early morning to as high as $0.00001774. Trading volume over the previous 24 hours is $3.41 billion. SHIB is $0.00001671 as of this writing.
$SHIB is Trending!! 🚀
— BITCOINLFG™ (@bitcoinlfgo) August 14, 2022
SHIB saw its all-time high of $0.00008 in October 2021 after a meteoric rise from $0.000007911 in less than a month.
Dogecoin, meanwhile, rose from $0.0771 to $0.0838 over roughly the same period, according to CoinMarketCap, an increase of nearly 8%.
The last time DOGE was trading above $0.08 was in early June. Fans of the coin are eager to see it hit $0.10, though it was trading at $0.18 at the start of the year, and as high as $0.34 exactly one year ago today.
$DOGE over 0.08! 🚀🚀🧨should see 0.10 soon
— Cryptoholic (@dylanlatorre_) August 14, 2022
The two coins have battled for leading market cap over recent months, hovering around $10 billion today.